Northern Star Investment II in a regulatory filing said today’s shareholder meeting to consider an Eextension has been adjourned until Friday at 11 a.m. “to allow additional time for the company to engage with its stockholders and effectuate redemption reversals.” Friday is the SPAC’s termination deadline.
Northern Star II wants to push its deadline to Jan. 28, 2024, which would be the third anniversary of its IPO.
Following a January 2021 IPO, the SPAC was initially focused on acquisition targets primarily in the beauty, wellness, self-care, fashion, e-commerce, subscription and digital-media space.
Northern Star II earlier this week announced a non-redemption agreement covering 200,000 Class A shares. In return, the participating investors will receive 40,000 shares. Read more.
